Tag: NEOEN.PA

by Debra Fiakas, CFA
Market share for lithium technology has been extended by another 22 megawatts with the selection of lithium-based batteries by Duke Energy (DUK: NYSE) for three separate of power facilities operated by Duke Energy Florida. Duke did not specify the source of the lithium-based batteries, but the company seems to have an affinity for Tesla’s (TSLA: Nasdaq) battery products. Last year Duke Energy with its partner University of South Florida chose Tesla’s lithium-based batteries for a 100-kilowatt solar project in St. Petersburg, Florida.
Application of lithium-based technology in a relatively small, microgrid application like that in St. Petersburg is no surprise. Lithium-based batteries offer high energy...